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Bangkok Post
Bangkok Post
Business

Nike Files to Sell Digital Sneakers, as It Seeks Downloadable Kicks

Nike's filings could be a way to protect its brand in virtual worlds. Getty Images/AFP

Nike Inc. might soon sell you sneakers that can't be worn.

The company filed trademark applications last week that indicate it wants to sell digital versions of its sneakers, clothing and other goods stamped with its swoosh logo in virtual worlds, such as video games or other online platforms.

People are already paying a lot for digital designs and artwork, including digital sneaker designs that sold for thousands of dollars.

Celebrities such as Martha Stewart are hoping to cash in, too, selling non-fungible tokens, or NFTs, which are digital collectibles authenticated using blockchain technology.

For Nike, the trademark applications could be a way to protect its brand in virtual worlds -- as it already does in the real world -- and prevent knockoffs from appearing in games, said Josh Gerben, a trademark attorney at Gerben Intellectual Property.

"Virtual worlds are a new frontier," Mr. Gerben said. "It will probably become a revenue stream for Nike."

The trademark filings, though, only indicate an intent to sell virtual goods, so Nike could still decide against following through.

The company didn't respond to a request for comment Tuesday.

Besides the Nike swoosh, the company also wants to protect its "Just do it" slogan and other recognizable logos it owns, according to the filings.

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